Archive for May, 2009

A crisis of bankers’ own making: Re:act

 
The crisis in the global economy and the near collapse of the international banking system have damaged almost everyone. Very few organisations have benefited – yet ethical financial institutions are actually in a stronger position today than they were before the crisis unfolded.
 
While member-owned and other ethical institutions have maintained sustainable business practices, restraint and [...]

Negative equity: negative impact: Primelocation

About a million homeowners are in negative equity, a report from the Council of Mortgage Lenders estimates. The result could be a brake on the housing market not just for months ahead, but perhaps for a year or more. It is also a psychological hammer blow to homeowners’ sense of economic wellbeing.
For story go to [...]

Mortgage approvals fall again: Primelocation

Hopes that the housing market was recovering have been dealt a blow by news that mortgage approvals fell in March. They had increased slightly in February, but the overall trend remains a reduction in mortgage finance for home purchases and re-mortgages.
For story go to http://www.primelocation.com/news/mortgage-approvals-fall-again/